RateAPY

Hudson City’s CD Rates Top 3.4% APY for 5-Year Term

Posted by: RateAPY Bank Rates News
January 25th, 2010

Interest rates on certificates of deposit (CDs) vary based on three main factors: the term of the investment, the amount deposited, and the location of your residence. That’s why it’s so important to shop around and find the best rate for your particular circumstances.

And, if you live in the states of Connecticut, New Jersey, or New York, you should check out Hudson City Bancorp’s CDs.

Hudson City–One of the Best Banks

Forbes magazine named Hudson City “The Best-Managed Bank in America” in both 2007 and 2008. And the bank offers these great Hudson City CD rates to New York investors (check the Web site for rates if you live in Connecticut or New Jersey):

• 91-Day Simple–1.15% APY
• 4-Month Daily–1.15% APY
• 5-Month Daily–1.15% APY
• 6-Month Simple–1.35% APY
• 7-Month Daily–1.35% APY
• 9-Month Daily–1.35% APY
• 1-Year Daily–1.55% APY
• 13-Month Daily–1.55% APY
• 18-Month Daily–1.80% APY
• 2-Year Daily–2.30% APY
• 30-Month Daily–2.30% APY
• 3-Year Daily–2.80% APY
• 4-Year Daily–3.15% APY
• 5-Year Daily–3.40% APY

You must maintain a minimum deposit of only $500 to receive these rates in New York.

Compare CD Rates Now

If you’re looking to invest in certificates of deposit, compare CD rates now.